Alert: Negative Investment/Fundamental Signals (8/1/24)-Oxford Industries Inc. (NYSE: OXM)

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Meaningful negative changes in fundamentals have recently occurred for Oxford Industries Inc. (NYSE: OXM): the stock’s power rating fell below 50, the consensus estimate for January, 2024 decreased significantly, and the consensus estimate for January, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Oxford Industries Inc. (NYSE: OXM): the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, OXM is expected to continue to be a major Value Builder.

Oxford Industries has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Oxford Industries has a neutral Power Rating of 49 and a neutral Appreciation Score of 47, triggering the Neutral Value Trend Rating.

Recent Price Action

Oxford Industries Inc. (NYSE: OXM) stock closed at $100.29 on 8/1/24 after a decline of -4.8%. However, below average trading volume at 68% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 1.3% during the last week.

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